International Business Machines (IBM)
Pretax margin
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 10,328,000 | 5,797,000 | 8,690,000 | 1,156,000 | 4,837,000 |
| Revenue | US$ in thousands | 67,535,000 | 62,753,000 | 61,860,000 | 60,530,000 | 57,351,000 |
| Pretax margin | 15.29% | 9.24% | 14.05% | 1.91% | 8.43% |
December 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $10,328,000K ÷ $67,535,000K
= 15.29%
Peer comparison
Dec 31, 2025
Company name
Symbol
Pretax margin
International Business Machines
IBM
15.29%
Accenture plc
ACN
14.74%
Concentrix Corporation
CNXC
-12.03%
Penguin Solutions, Inc.
PENG
3.57%